Category Archives: Uncategorized

New York led the nation with a 14% purchase-loan gain Applications for mortgages to purchase homes gained for the fourth consecutive week while refinancings dropped, the Mortgage Bankers Association said in a Wednesday report. A seasonally adjusted index measuring purchase applications rose 11% last week, compared with a 6% increase in the prior week, according to the …

REAL ESTATE Weekly mortgage applications point to a remarkable recovery in Homebuying KEY POINTS Purchase volume was just 1.5% lower than a year ago, a rather stunning recovery from just over a month ago, when purchase volume was down 35% annually. Mortgage applications to purchase a home rose 6% last week from the previous …

Mortgage rates hit another all-time low as home buyers rush to secure cheap financing   The number of people applying for loans to purchase a home has increased for six consecutive weeks after falling earlier in the coronavirus outbreak Mortgage rates have gotten even more affordable — a boon to the many Americans once …